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Author Topic: Is it just luck  (Read 637 times)
dunfida
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February 12, 2022, 08:41:01 PM
 #41

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.

Good for you but not all would really be ending up on the same line because not all is capable on dealing with multiple investment or financially capable even if they do like to dive in but they dont have much money to spare on thats why its inevitable that we do missed out these chances most of the time and also people couldnt really just easily believe into those meme coins and other coins which it seems that doesnt have value
but due to some hype and high interest then it isnt surprising that people would really be having this kind of behavior.

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February 12, 2022, 08:48:03 PM
 #42

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.


I would say yes it is just luck. I am not a fan of meme coins and personally would never invest in such shitcoins myself because i think that  they are bad for the crypto market as a whole but it is definitely true that early investors in those projects have made a huge profit. But this is only true for those meme coin projects that were successful and i would say that only a handful of those hundreds of projects was successful at least temporary. Especially those that are coming out now are dead pretty soon.
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February 12, 2022, 08:58:19 PM
 #43

In this world of mutual deception, where is the real good product to be found?  Only by being practical and seeing the true value of products can you make money in the long run. But the shitcoins is a pure scam which comes with a lot of twists and turns!!!
Indeed, the cryptocurrency market is full of opportunities. If you are lucky, you will win a great fortune. And don't forget that natural disasters sometimes happen, investing in digital currency is fraught with risks.
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February 12, 2022, 09:01:57 PM
 #44

Then I can tell you that you not a full time investor, I am yet to see a concrete investor that doesn't have a failure storyline. It is either you do not invest often, or you are making it up, memecoins and shitcoins are still very risky even if you were the first person to buy it, infact there aren't many shitcoins or memecoins that gave holders profits, the formula of buying early won't save you when you invest in the wrong project, so be careful on your financial advice.

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February 12, 2022, 09:03:08 PM
 #45

Its not pure luck it's smartness, you can avoid any ruckus in crypto space when investing in new projects if you know when to buy and sell them, this doesn't mean the projects have to be top notch or shitcoins, the only risk is rugpull there is no way to see that coming.
But there's still luck, that depends on how you perceive that gain you've made. Like the early buyers of bitcoin, you can them lucky but there's also the understanding that they've shown because they've brought early despite the bash that bitcoin has taken on its early days.
Well, it's all about profit and whoever makes the best from it gets and deserves to earn the money that he has with it. Usually, it's really the risk that you've taken and the reward that you're going to get.

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February 12, 2022, 09:07:04 PM
 #46

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.


Yes.

If you are buying memecoins and expecting a return on these things other than straight up entertainment, then you are essentially gambling.

What you've done is luckily select a few of the outperforming memecoins - whereas most of the new ones that pop up actually don't generate a positive return for their investors at all.

Certainly time to rethink your investment strategy while you're still ahead.
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February 12, 2022, 09:33:14 PM
 #47

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling,
Maybe you are full of luck.
But, I don't think that you are such lucky always.
Actually, many people hate those kinds of shitcoins because of the hype, non-fundamentals, and also the condition of pump and dump.
Many people who don't know exactly how to treat them will commonly lose money very easily.
In this case, we can see only a few people who can utilize every chance to earn money from the shitcoins, by utilizing the pump and dump condition.
As long as you know the right time and you have been usual with the characteristic of shitcoins, you will be able to win the games of pump and dump, and end up earning much money.
But once more, this kind of coins are very dangerous for newbies or everybody who don't really know how to treat them well and appropriately

R


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February 12, 2022, 09:46:51 PM
 #48


I would say yes it is just luck. I am not a fan of meme coins and personally would never invest in such shitcoins myself because i think that  they are bad for the crypto market as a whole but it is definitely true that early investors in those projects have made a huge profit. But this is only true for those meme coin projects that were successful and i would say that only a handful of those hundreds of projects was successful at least temporary. Especially those that are coming out now are dead pretty soon.

I think OP has a great gut feeling that he really made a profit out of it like I am not a fan of meme coins and shitcoins but I did tried also to invest in it but I am not a lucky person like him who always ended up smiling because to be honest I do lose my money. Actually, the favor of luck was rare and as what happened if luck is not in your favor you will probably ended up losing. In my own experience one thing I have learned that I will always be my constant reminder to not invest just because of the hype, always make a research about the project.
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February 12, 2022, 10:03:38 PM
 #49

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.

Well, I'm not going to say it was totally a piece of luck but you made it with a skillful strategy. Like a day trader had often made a profit in a short period of time, while taking advantage of the sudden drop and make buy, and then sell them once fluctuations come. Unless you just hold them, then I can say it was a lucky day for you.

Anyways, whether it is a bit of luck or not, just to say congratulations and good luck for your meme investment.

R


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February 12, 2022, 10:11:16 PM
 #50

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.


You're not the only one I also made money from some shitcoins and after making money I dump them and never look back, the key here is knowing that you are investing in a project in a pump and dump coin that only promises potential and the other key is leaving the coin at the right time, if you think that it reaches its all-time high and you are already in profit, don't think twice holding it, or you will lose your chance to make a profit.

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February 12, 2022, 10:13:01 PM
 #51

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.
You entered in the meme market at the right time and hence you could have end up in a huge profit and entry is always the most important aspect and if you have done that then you are in a safe space and you only need to make sure you exit at the right time rather than holding them fo a very long time. Hype alone was the reason for meme coins and you cannot expect to be lucky all the time, so be careful when you invest.
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February 12, 2022, 10:24:32 PM
 #52

Shitcoins or meme coins will indeed give us a large income when we are late getting the coins, because many shitcoins continue to be pumped so fast and vice versa when the pump is high the coins can just disappear and there is no price on the market because the volume continues to decrease that's why many people are hate shitcoin because in trading if there is a big profit then there will be a big loss in it too, especially people who buy shitcoin late.

And maybe you are one of the lucky people because you can get big profits on these coins.


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SlimShadyMmp
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February 12, 2022, 10:41:35 PM
 #53

Pure Luck and Congrats on that Man I think You can always be lucky on those memes especially if you are first back in few days or months ago But still It will be much more easier to jump on coins that have actual potential just to be safe You never know what might happen along the way Meme are just what they are

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February 12, 2022, 10:48:36 PM
 #54

 Either is thing follow luck or not, as OP stated for himself, it is like a (winning) pattern, a common pattern to almost every coin created with not purpose or without guarantee that it will be adopted and really deserve something !
 You must just know how to follow the pattern stated by the creators, that's from the creation to the distributions and marketing is just intended the make them get profit !
 



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February 12, 2022, 11:12:09 PM
 #55

Either is thing follow luck or not, as OP stated for himself, it is like a (winning) pattern, a common pattern to almost every coin created with not purpose or without guarantee that it will be adopted and really deserve something !
 You must just know how to follow the pattern stated by the creators, that's from the creation to the distributions and marketing is just intended the make them get profit !
 



for him it may be luck because we cannot trust any meme coin in the beginning. In the beginning it is just a coin and after getting some popularity it becomes a meme coin. Jus look at the market hundreds of coins are created and listed which is called shitcoin and the coin which get popularity get the name meme coin.

 But if look is there is always a rise on the very lunch before a fall habitually, you have just to know when to release..
 
 just like creators do themselves!
 

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February 12, 2022, 11:24:15 PM
 #56

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.
You entered in the meme market at the right time and hence you could have end up in a huge profit and entry is always the most important aspect and if you have done that then you are in a safe space and you only need to make sure you exit at the right time rather than holding them fo a very long time. Hype alone was the reason for meme coins and you cannot expect to be lucky all the time, so be careful when you invest.
Just riding at the perfect time seems to be lucky for us. Not all have been through to this and that comes rarely. Well, Op had made it this time but not sure next time as to think that hypes can't be predicted as well.
This scenario even looks interesting to newbies and asking to have luck as well. But just to tell newbies that not all the time we are lucky and we have to think that no easy money in crypto. It was just about to happen that OP made it is the right time and make the right decision to sell, as if he missed it then he can't smile like that.
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February 12, 2022, 11:28:54 PM
 #57

Is it just luck that I made most of my money from shitcoins and meme coins? While people are hating I always make sure I got in early and I ended up smiling, if you bought shiba at few weeks of release you know what I'm talking about, I do get some big altcoins too but this so called shitcoins gives me the best profits.
You entered in the meme market at the right time and hence you could have end up in a huge profit and entry is always the most important aspect and if you have done that then you are in a safe space and you only need to make sure you exit at the right time rather than holding them fo a very long time. Hype alone was the reason for meme coins and you cannot expect to be lucky all the time, so be careful when you invest.
Just riding at the perfect time seems to be lucky for us. Not all have been through to this and that comes rarely. Well, Op had made it this time but not sure next time as to think that hypes can't be predicted as well.
This scenario even looks interesting to newbies and asking to have luck as well. But just to tell newbies that not all the time we are lucky and we have to think that no easy money in crypto. It was just about to happen that OP made it is the right time and make the right decision to sell, as if he missed it then he can't smile like that.

It is the OP's luck that he gained profits from this so-called shitcoins. Remember, it is not all the time that your luck will be on your side. So for the OP, don't get too confident investing on crap coins, because you may encounter coins that will screw up your funds. You can never be sure that you can always hit the jackpot here. So for now, just be grateful that you are earning profits from this type of coin.
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February 12, 2022, 11:37:10 PM
 #58

if you make most of your money from shitcoin or memecoin it's not luck, maybe you have the skills to become a trader of shitcoin and memecoin. Investment in memecoin or shitcoin is indeed very promising because the price of memecoin and shitcoin can increase very drastically in a short time. but investing in memecoin and shitcoin also has a very high risk because the price of memecoin and shitcoin is much more volatile than big coins like BNB and ETH.
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February 13, 2022, 12:00:48 AM
 #59

if you know the mechanism of shitcoins that are being used for manipulation then you could pretty much make some profit out of it, after all shitcoins and memecoins are pretty much like gambling, anyone could make profit out of it.
but eventually if you getting fomo’d you could lose all of your investment and if you already know the risk of losing your investment before hand I think the choice lies in you.
the thing is, shitcoins and memecoins are quite literally zero sum game, it’s better if they have some product that could make their coins have real value but most of them have zero product.

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February 13, 2022, 06:39:38 AM
 #60

Most of them work in the classic MML ponzi fashion. Some stay longer while some bust soon but all of them works on earning profit at the expense of newer investors. As the hype maximizes, the early investors do earn high but once it stats to decline, the ones buying at the peak would have a loss. You can call it a skill to join fast and know when to exit but it still is a luck as you are not sure which one would be there for what amount of time. Shiba Inu is one of the exceptions as they still have a good value compared to few months of their initial exchange.
Unfortunately there are tons of people who lose money in that situation and then they cry about how crypto is all scam. I am really tired of telling people that if you invest into something shitty and the price drops then it is not called scam but just a bad investment. If it was rugpull or something like that then I would totally understand but the reality is that we are talking about just simply shitty investments and not a scam.

Surely there are some people who got lucky on the first day, like they invested 100 bucks and the second it got released they managed to make a big profit from the initial shockwave and got out. But how many people made their profit that way and how many lost money with the same exact method?
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